How to Haggle for Your Wholesale Business

This year’s The Apprentice is in full swing and the candidates have already been visiting market stalls and haggling for competitive prices. This week’s episode saw the teams fly to Dubai to source several items for a new hotel – and the team that bought the items at the cheapest prices won. No doubt if you are running a wholesale buying business you will find yourself having to haggle in order to maximise your profit margins. So whether you visit a mall, wholesalers or a market stall, here are some tips on how to negotiate the best price when buying stock.

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How to Maximise Profit at a Car Boot Sale

The weather in the UK is heating up and so car boot sale time is almost upon us. During the warmer months many towns and villages play host to car boot sales, usually most weekends through the summer months. Car boot sales give people the opportunity to sell on products and items that they no longer use. But they are also a great place for wholesale buyers to meet customers and sell products. If you are running a wholesale buying business and are thinking of going to a car boot sale, here are some tips to help you get your profits off the ground.

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Why Buying Designer Merchandise Can Be Lucrative for Your Wholesale Business

No matter what type of reselling business you have, you are sure to have come across designer and high-end products during conversations with wholesale suppliers. Almost every market (food, jewellery, fashion, gardening etc) has designer brands in it and these can be very popular with consumers. Although sourcing designer items can be more expensive than you anticipate, it can also be a good way of boosting sales. Here’s why stocking designer goods could be lucrative for your business.

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Three Reasons Why Your Wholesale Business Sales May Be Suffering

If you have an eCommerce website and have been selling wholesale products for a while, you’ll know that your website is the shop window to your business and that in order to increase sales your website needs to pull in the customers. Many consumer shop online now so it’s crucial you concentrate on your website if you are looking to gain new business. But if you are not receiving as many orders as you would like, there could be a few things your website is doing wrong. Check them out below.

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